Monday, June 29, 2009

Mergers & Acquisitions News: 30/06/09

HCL TECH HOPES TO CLOSE FIVE BIG M&E DEALS BY YEAR END
Kirtika Suneja
Business Standard

Delhi based HCL Technologies expects to sign around the five deals in the media and entertainment (M&E) space. Talks are on with four global companies and one Indian firm, and HCL plans to close these deals, mostly each between $50-200 million (Rs 240-950 crore) by year-end.

The company is looking at opportunities in this area with large media conglomerates, two of which are based out of Europe.


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